5802 Nicholson Lane Unit 2-502
North Bethesda, MD 20852
- 3 beds
- 2 baths
- 1,630 sqft
- $490 per sqft
- 1985 build
Welcome to the coveted Fallswood Condominiums, where you’ll discover the epitome of luxury living in this meticulously maintained three-bedroom, two-bathroom corner unit condo, where luxury and convenience come together to create an extraordinary living experience in the heart of North Bethesda. This beautiful home has a thoughtful open floor plan, spacious layout, and sunlight throughout. The elegant living and dining areas, eat-in kitchen space, and private balcony make it perfect for entertaining and relaxing. The primary bedroom boasts an ensuite bathroom and spacious closet; complemented by two additional bedrooms and a hall bath. The Fallswood Condominium elevates everyday living with a host of premium amenities, including a 24-hour front desk concierge, a seasonal pool, tennis courts, fitness center, and an expansive community terrace area, perfect for grilling, lounging, or enjoying time with friends. Additional features include a grill area, library, party room, Amazon locker, onsite management, and gated security. This unit has an assigned tandem garage parking space, and a dedicated storage space. Ideally located within walking distance of the vibrant Pike & Rose district, Whole Foods, and the North Bethesda Metro, The Fallswood is the perfect blend of modern luxury and urban convenience.
Last checked:
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Last updated Mar 26, 2025
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MLS# MDMC2171682 —
The Building
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Year Built:1985
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Name:The Fallswood Condominium
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Unit Building Type:Hi-Rise 9+ Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Beaux Arts
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Levels:1
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Entry Floor Number:5
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Security Features:24 hour security, Desk in Lobby, Exterior Cameras, Intercom, Security Gate
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Accessibility Features:Elevator
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Basement:No
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Unit Number:2-502
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1630
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1630
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1630
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Living Area SqFt:1,630 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Prime location off Nicholson Lane and Executive Blvd between Rockville Pike and Old Georgetown Road.
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Latitude:39.04392000
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Longitude:-77.11608000
The Property
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Property Type:Residential
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Zoning:TSR
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In City Limits:No
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Outdoor Living Structures:Balcony
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 651-8536
- Office phone:
- (202) 888-1127
Taxes
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Tax ID Number:160402545304
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Tax Year:2024
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Tax Annual Amount:$7,119
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Tax Assessed Value:$615,333
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Year Assessed:2024
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County Tax:7084.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Bedrooms Main Level:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
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Laundry Type:Washer In Unit, Dryer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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High School:WALTER JOHNSON
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School District Name:Montgomery County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:The Fallswood Codm
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Senior Community:No
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Exterior Features:Tennis Court(s), Secure Storage
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Pool:Yes - Community
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Library, Pool - Outdoor, Tennis Courts, Exercise Room, Extra Storage, Gated Community, Security
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Condo/Coop Fee:$1,256
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Management, Recreation Facility, Reserve Funds, Security Gate, Snow Removal, Trash
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Condo/Coop Name:The Fallswood
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Front Entry, Garage Door Opener, Inside Access
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Garage Spaces:2.00
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Type of Parking:Attached Garage
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Parking Features:Assigned
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Assigned Spaces Count:2
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Assigned Parking Space Number(s):GM-1
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# of Attached Garage Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$800,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,283
|
Taxes | $593 |
Insurance | $220 |
HOA fees | $1,256 |
Utilities | $184 See report |
Total | $6,536/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/26/25
Mar 26, 2025
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Listed / Active | BRIGHT | $800,000 |